![bluewaters_analytics | Flipside Analyst bluewaters_analytics | Flipside Analyst](https://res.cloudinary.com/dsr37ut2z/image/upload/w_1200,f_auto/v1712806813/hzsw91wqqrh4fyywyypu.jpg)
bluewaters_analytics
#AVALANCHE : 90 Days Must-See Insights
May 7, 2024 - π Embarking on a journey through the Avalanche ecosystem! π‘ Here's a deep dive into the latest findings from a comprehensive transaction analysis spanning 90 days. π π Unveiling User Dynamics: In this dynamic landscape, Avalanche welcomed a staggering 521K new users, expanding its reach to a total user base of 2.2M. This influx signals a growing interest and adoption within the crypto community. But what about retention? The churn rate holds steady at 0.8%, reflecting a healthy level of user engagement and loyalty. π±
Hottest Dex on Avalanche in May
May 30, 2024 - I studied the activity size of different DEXs on Avalanche in May. Trader Joe was the top-performing DEX by a huge margin. For example, Trader Joe had 370,462 transactions with 52,438 unique users, while Benqi Finance, the second highest, had only 14,855 transactions with 3,167 unique users. What makes Trader Joe unique? Hereβs what I found: Trader Joe uses the Liquidity Book model, an improved version of the traditional AMM model. Instead of the x*y=k model, the Liquidity Book employs a "bin" system, allowing liquidity providers to concentrate funds within specific price ranges. Trader Joe's advanced technology and strategic innovations have made it a leader in the DEX space on Avalanche. Please like, share and comment. Credit: @rez92 I looked into your dashboard.
AVALANCHE: CEX DRIFT
May 30, 2024 - From my analysis, I found that; Bybit's Popularity: The high number of unique users suggests Bybit is a popular choice among traders on Avalanche, possibly due to its user-friendly interface or specific trading incentives. Binance's Influence: The massive transaction volume highlights Binance's crucial position in the crypto market, driving significant liquidity and activity on Avalanche. Cumberland's Strength: Cumberland's high average transaction value points to larger, more significant trades, potentially from institutional investors or high-net-worth individuals. Credit: Credit to @rez92, at a point, i got confuse. I decided to look into this dashboard for some insight
Trader Joe's June Swap Volume May Stagger
Jun 2, 2024 - Trader Joe being the Leading DEX on Avalanche @avax of $115.3m Swap Volume in May alone may stagger into a few days in June. Why? Because both daily number of traders and swap volumes have already begun to stagger since May 22nd. Credit: @mondov and @yasmin-n-d-r-h i viewed your dasnboards.
![curve curve](https://res.cloudinary.com/dsr37ut2z/image/upload/assets/project-icons/curve.png)
π Exploring the Hottest Tokens on Avalanche: Q1 Transaction Analysis
May 8, 2024 - π Exploring the Hottest Tokens on Avalanche: Q1 Transaction Analysis π₯ Discovering the Top Tokens: WAVAX leads the pack with a commanding 35% share of transactions. Following closely behind is USDt, accounting for 21% of transactions. USD//C commands a substantial 19% share, emphasizing its importance in the ecosystem. Please your support by Like, share and comment.
Avalanche: Revenue Analysis in Q1
Apr 21, 2024 - π Exciting π Our latest dashboard reveals some impressive insights into Avalanche's revenue performance. Please don't forget to show some love by like, comment ,share and support this dashboard Let's dive in: 1οΈβ£ Total Revenue in Q1: $7.5M π° 2οΈβ£ Average Daily Revenue: $82K π 3οΈβ£ Highest Performing Month: February, hitting $586K π₯ Looking at Revenue Structure month-on-month, we observed a significant spike in revenue in February, reaching $53.27M. This surge coincides with the introduction of Avascription. Subsequently, Avalanche's revenue growth rate has been on an upward trend, increasing from 24% in February to 55% in March. π However, I won't forget to mention @apostleoffin for the great insight got through your dashboard that provided me clarity